Sharingtechnology, Inc. Announces Consolidated Earnings Results for the Third Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2019
August 14, 2019
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Sharingtechnology, Inc. announced consolidated earnings results for the third quarter ended June 30, 2019. For the quarter, the company reported sales revenue of JPY 5,542 million compared to JPY 2,808 million a year ago. Operating loss was JPY 579 million compared to operating profit of JPY 820 million a year ago. Quarterly loss was JPY 507 million compared to quarterly profit of JPY 790 million a year ago. Quarterly loss per share was JPY 27.16 compared to quarterly earnings per share of JPY 44.24 per share a year ago.
The company provided consolidated earnings guidance for the year ending September 30, 2019. For the year, the company expects sales revenue of JPY 7,766 million, operating loss of JPY 560 million, net loss of JPY 520 million and basic loss per share of JPY 28.53.
SHARINGTECHNOLOGY.INC is a Japan-based company mainly engaged in the Web business and investment business. It operates through two business segments. WEB business is engaged in the provision of solution to life problems through the operation of the portal site Life No.110 and the specialized vertical media site in the life service area. Member stores can provide services suited to the needs of users in the websites. Main services are unlocking and replacing keys, rain and water leakage, remodeling, glass repair, pet funeral, termite extermination, bee extermination, garden maintenance related, and other accidents that occur suddenly in daily life. It is also engaged in the operation of overseas studying service Sumadome, introducing foreign students and providing study abroad procedures. The new system Mover collects the geographical location of each member store staff and realizes matching. The Investment business includes manufacturing, real estate, and private hotel business.
Sharingtechnology, Inc. Announces Consolidated Earnings Results for the Third Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2019
SHARINGTECHNOLOGY, INC. 